Mr. Speaker, I appreciate that the Liberals keep bringing up the TFSA and continue to make the argument that this will be a benefit just for the wealthy, but the statistics are quite obvious. Close to half of the 11 million Canadians who have TFSAs are making less than $60,000 a year. This is an option for them. Whether every Canadian takes advantage of it or not, the fact is that the option is there for them to make this investment.
Like I said, we have taxed these dollars on people's incomes. Why should we be taxing again when they are trying to save these dollars? This is an opportunity for them to put money away for their first home, a car, their child's education or to ensure that their retirement is going to be as comfortable as possible.
This gives Canadians the option and unlike what the opposition is saying, that this is just for the wealthy, the stats show that this is something that all Canadians are taking advantage of.